AML Specialist

SEI; Greater London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading global asset management firm is seeking an Anti-Money Laundering professional to support compliance across departments. Responsibilities include reviewing documentation, screening investors, and performing quality control checks. Ideal candidates should have in-depth knowledge of AML requirements with a minimum of 3 years experience in a Fund Administration role. Strong English language skills and organizational abilities are crucial. The position is hybrid with a focus on work-life balance and employee development.

Benefits

Healthcare coverage for employees and dependents

Pension Scheme

On-site Gym with Fitness Classes

Qualifications

• Minimum 3 years working in a Fund Administrator.
• 2+ years in a supervisory role.
• Experience with local compliance and regulations.

Responsibilities

• Review documentation for new accounts under AML requirements.
• Investigate investor types and company structures.
• Screen investors and clients, resolving any potential issues.

Skills

Knowledge of Anti-Money Laundering requirements

Excellent interpersonal skills

Strong organizational skills

Fluency in English

Communication skills

Education

Third level qualification in Finance, Business or Law

Job description

SEI Investments is a leading global provider of asset management and investment technology solutions. The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. SEI is a people focused organization which encourages and recognizes employee development as being a critical component in the provision of excellent client service. An open, collaborative and detail oriented environment underpins this business objective.

Whilst the parent company has its principal offices in the United States, the SEI Group comprises operating subsidiaries in the EU, UK, Cayman Islands and Canada. The SEI Group’s operations in Luxembourg are carried out on services rendered by SEI Investments – Luxembourg S.A. (the Company) a Specialized PFS (professional of the financial sector in relation to fund administration and depositary services to funds established by third party investment managers.

Position Description:

The Anti Money Laundering ("AML") team supports business units and compliance professionals across the company and is responsible for establishing, maintaining and developing a framework that ensures that the division operates to the highest standards of regulatory compliance and governance.

What you’ll do:

• Review of documentation linked to new account opening and account maintenance specific to established AML requirements
• Perform research to understand investor type, company structures, etc. Investigate and solve potential issues
• Screen investor, clients and related parties, resolve hits and escalate according to procedures
• Peer review, approve and provide sign-off on the status of AML for investor and client accounts
• Maintain a good working relationship with external clients as well as with internal relationship managers and other business units within SEI
• Perform quality control checks and approval on client correspondence
• Share AML expertise with clients and colleagues, and act as a reference point
• Consult with the Company’s Anti-Money Laundering Officer and Group Anti-Money Laundering Officer to ensure its satisfaction with regulatory obligations
• Track and report outstanding AML documentation and ensure accurate and timely delivery to clients
• Identification and escalation of high-risk items to AML Manager within required deadlines where necessary
• Review audit samples and liaise with auditors and Risk Management
• Awareness of broader departmental deliverables (e.g. Investor Services) and ensuring that team prioritizes deliverables accordingly
• Participate in any AML Audits (internal or external)
• Participate in client calls as needed
• Assist with training and developing new staff

What you bring to the table:

• In-depth knowledge of Anti-Money Laundering requirements with at least 3 years working in a Fund Administrator
• 2+ years’ experience in a supervisory role
• Experience of local compliance and regulations within the Financial Services Industry
• Very strong risk awareness (preferably EU legislation driving AML regulations)
• Fluency in English Language (both verbal and written) essential
• Fluency in foreign language advantageous (both written and verbal)
• Third level qualification, preferably in Finance, Business or Law desirable

Attributes we value:

• Excellent interpersonal and customer service skills
• Strong organizational and administrative skills
• Self-starter with the ability to independently manage multiple projects and deadlines
• Ability to multi-task, prioritize work and manage time to maximize efficiency and to meet strict deadlines
• Individual who takes initiative and ownership of assigned responsibilities
• Positive can-do attitude with excellent problem-solving skills
• Detail-oriented
• Team player
• Flexible / Adaptable
• Strong oral and written communication skills

Benefits you can expect:

Healthcare for yourself, your spouse and any dependents up to the age of 18 years. Pension Scheme. On-site Gym with Fitness Classes and 1:1 PT Sessions.

We are focused on ensuring a healthy work-life balance and offer a hybrid working model and flexible working hours.

SEI is an Equal Opportunity Employer and so much more:

We recognize that our people are our most valuable asset and are invested in your success; we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance and offer our employees benefits which include private medical care for you and your family, educational assistance scheme and actively encourage work life balance.

About SEI and SEI Lux:

SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of June 30, 2023, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.

SEI Investments - S.A. ("SEI Lux") is SEI’s Luxembourg-based European subsidiary, a specialized PSF, authorised and regulated by the CSSF, providing administrative and transfer agency services to Luxembourg investment funds.

SEI is an Equal Opportunity Employer and so much more:

SEI is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

We recognize that our people are our most valuable asset and are invested in your success; we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance.

We are a technology and asset management company, delivering on our promise of building brave futures for our clients, our communities, and ourselves. Come build your brave future at SEI.

Note:

This position will require a successful background check, including employment verification, education verification and criminal history review, once an offer has been extended and accepted.

AI Acceptable Use in the application and interview process:

SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.